Expat Hotspots in Ecuador
Publicado el 09/Diciembre/2011 | 11:30
By DAVID MORRILL
"If you told me ten years ago that I would live in Ecuador one day, I would have told you that you were crazy," says Sharon Monroe, a 64-year-old grandmother and retired restaurateur from Redwood City, California. "At that point in my life, I couldn't imagine living anywhere else but in the United States."
Monroe was in Quito earlier this month to attend International Living's Live and Invest in Ecuador conference and, like the other attendees, mostly from North America, she is seriously considering relocating to South America.
Monroe is motivated by financial considerations. In 1996, she and husband sold a chain of California restaurants. "We did well with the sale and thought we were all set for retirement," she says. "Unfortunately, our savings were decimated by the recession and, almost out of desperation, we started looking around for countries with a low cost of living and good quality of life." After visiting Mexico, Belize and Panama, they focused on Ecuador.
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